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-   -   Web site error sparks jump in world oil prices (http:\\b1.hcanet.com\forum/showthread.php?t=23558)

NewsBot 30th May 07 11:03 PM

Web site error sparks jump in world oil prices
 
*Source: News.com (http://news.com.com/Web+site+error+s...tag=nefd.top)*
________
World oil prices jumped briefly on Wednesday after a television station in Tulsa, Oklahoma--the No. 62 U.S. media market--posted an erroneous story about a refinery fire on its Web site.

At 10:14 EDT, CBS affiliate KOTV reported that a lightning strike had caused a fire at an Oklahoma refinery--sparking a flurry of excitement among energy traders and boosting U.S. crude prices 40 cents.

The refining company announced the story was "completely wrong (http://news.com.com/Welcome+to+the+era+of+gullibility+2.0/2100-1025_3-6185075.html)" and the station withdrew the story.

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